fx coruse 4 : how to be useful trader for your yourself ?

Before we start anything we need to be honest with you 100% and thus let you know about trading foreign currencies :

( 1) All foreign exchange traders lose money during the trade.

The 90 % of investors in forex lose money heavily and the reason for this is the poor education or lack of planning or lack of training on market conditions different or reliance on the rules of money management is bad or even of them does not depend at all on the tools of money management or may be the reason for the latter is changes in market conditions .

(2) The foreign currency trading is not for the unemployed , in other words, is not so weak that income .

Yes Forex is not for that person who can not afford to pay the electricity bill , which is due to run using his computer , you should have the dealer at least $ 2,000 of capital scalper to trade in a mini account or $ 10,000 , at least in the account Alstandr , or $ 100 in the account to be micro has the ability to withstand potential losses should not expect it to start with the expense of a few hundreds of dollars to become a millionaire in a short period of time , yes, has successfully invested in this small money but the results are within the limits of the amount of capital invested.

(3 ) Most traders lack the discipline to work in the forex market .

The foreign exchange market one of the most popular markets because of the sheer size and liquidity and the tendency of currencies to move in strong trends up and down and success in exploiting trade opportunities are especially learners or merchant learner .

Many traders come to the wrong Forex hope to become millionaires in leaps , but this will not happen in the case of lack of learning or lack of discipline required in the trade , and more people usually lack the discipline to a part-time profession or neglect .. Etc. .

If you say you can not be disciplined , how do you think you will succeed in Forex Trading !

(4 ) Most traders forget that the forex market to fluctuate met .

Trade in the near term is not a game amateur and are rarely the road to riches fast you will not be able to achieve the success of the large investment without the presence of significant risks associated with it, but that does not mean that the strategies your business includes a significant degree of risk , because the trading strategies improper that involves taking a degree great danger and lead to trade contradictory , suffering and losses are often not successful investment .

The trader who does not have a good strategy in the trade - or does not have a strategy mainly in the trade - it is so, and unfortunately traded Gambling way player and not as a trader learner understands the principles of economics .

Trading foreign exchange does not lead to a successful investment plan quickly but orderly !
Trading foreign exchange is a skill and take the time to learn and skilled traders can get money in this area , in any case is like any other profession may lead to a successful investment or loss .

how to be useful trader for you self

Forex trading is not a piece of cake , as many people think.

Think about it if she was as well as to everyone was traded currencies has become a millionaire ...
In fact, even trade experts even with years of experience still encounter periodic losses , but certainly causes loss concept is best understood from what cause.

Think more of yourself and make yourself : There's no shortcuts to trade foreign exchange they take a lot of time in order to Mastery , in principle you can learn this profession within 3 months at the most , or more depending on your understanding and your skills and your intelligence ..

Now is your chance to work hard and vigilance and practice strategies for successful Forex Trading on a demo account or the account what is known as " demo " and I suppose that is the owner of the money demo your true .. Do not covet , never be fooled ..

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fx coruse 3 : Secret career Forex Trading

Every profession has its secrets and Forex profession is not always as it is said whenever you entered online at the majority of sites forex trading , you are told : that Forex requires you to the following :

• To sit in front of the computer or sitting on the throne, and put the laptop on your lap mobile .
• Open your computer and make sure that you are connected to the Internet is very good .
• Open your demo trading and buy and sell foreign currencies .
• The following week , open a real account with the brokerage company and dealer in Forex .
• Earn Money! You are now in the forex dealer !

Secret career Forex Trading

This is the Presto musical fast that often will you hear and Stsamaha whenever you encounter talk about Forex online and feel like you have just learned how to be the owner of a new project , and even draws these words about the desire to open a real account and start trading in order to become a millionaire in days .

Do you think that the trading of foreign currencies that easy ? !

In fact, the Forex market is the largest market on the planet ...

That is why the forex market is not that easy , because the trading of foreign currencies can be very dangerous to those who do not know her secret , and perhaps may lose some or all of its capital , in case if he does not know what he was doing exactly in this market , Valforx profession sensitive you need to study and understand , not a stroke of luck or amateur game or gaming , and the reason is simple: we are trading in the exchange between the foreign currency movements through the changes that occur in the economies of the owner of these currencies .

Repeat .. Forex profession , is that we are trading in the exchange between the foreign currency movements through the changes that occur in the economies of the owner of these currencies .

AHA ... It's really big in the phrase meaning ! !
Yes big nor neglect what you learn with us ...

Let's simply tell you the secret of Forex real profession in order to be the owner of a real project depends upon your income and trade in and you are relieved of mind and a full understanding of what is happening all around you.

Forex is the secret of the profession :
Learning is always non-stop
Even though it got millions do not never stop learning ..
 

In order to be successful in a career trader to trade foreign exchange ...

(1) You must learn the principles of trading foreign currencies.

(2 ) You must learn how to read the news and determine your decision to buy or sell according to your analysis .

(3) you must learn technical analysis and studying the charts and graphs of currencies.

(4) must specify the commercial character and select the appropriate time that suits your business type .

(5) Must possess trading strategy has been tried to be successful and achieve successful investment actually .

(6) Put yourself in the trading plan does not neglect the money management to reduce your losses .


That is really all you need in your new business to become a successful trader !

And advice , please always remember that ...Even after you learn the lessons with us and graduate from our school educational and trade on your real check , God willing, success , do not stop at this point and try to learn more and new always remember that the success or failure of your fingertips , then please do not move your fingers only goal toward the goal , and I know that the secret success is effort , thought and patience.

---

* What is the demo account Demo account?

Is a default account can get it for free , and is known as the account demo Demo Account and offering brokerage firm and give him money hypothetical Through this demo account enters the merchant to the real market to train on a mechanism to work with the company and also to test strategies learned in the course that got him traded these strategies under real market conditions like in the real market actually Vestelm instant news about the market and analyzes the charts and diagrams for coins and then decide to buy or sell currencies through the trading program , and the real benefit of this account is to help the learner to assess the level of educational level and how well the link to in the last month by the results achieved by this account .

Warning : If you would like to deposit money in your account in Forex is not true of the surplus funds of your life, there is no need to enter the Forex , it must enter a surplus of money that you have only so as not to adversely affect the level of economic and living your life .

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fx course 2 : Types of bourses in the world

The stock exchange Bourse ...

Meaning of the word out of the stock market :
Origin of the word Stock Exchange due to the person named ( Van de Börse ) owned a hotel in Bruges , Belgium, and is frequented by merchants for discussion on commercial transactions and was the theme of this hotel is three bags of money .

 

Types of bourses in the world

The stock market is the financial market which meets the Chirvien Alsemsarh and at specific times of the day to conduct trading securities and commodities , metals and others.

Types of global inches ...

(1) Stock Exchange securities , such as stocks , bonds and shares of incorporation.
(2) Exchange of goods , such as cotton , wheat, iron and copper.
(3) Exchange of precious metals , such as gold, silver, platinum and diamonds.
(4) contracts for commercial transactions for goods is not present , such as petroleum .
(5) the spot market to trade foreign exchange markets outside the stock exchange ( forex market )

Here you should know that you Sttajer in Forex immediate spot because the session is dedicated to teaching this type of immediate exchange between foreign currencies , which depends on the Islamic regime in trading , and I know you will not trade in the market Alviuchr Future Alawbashnz options or just stay away from them.


And participates in the stock market several parties ...

(1) central banks The central banks

The central banks are the most influential on the market because they have large cash .

• One of the major central banks around the world:
• U.S. Federal Reserve Federal Reserve Bank of American
• European Central Bank ECB
• Bank of Japan, Bank of Japan
• Swiss National Bank Swiss National Bank
• The Bank of England The Central Bank of England

(2) brokerage firms Brokers

The brokerage firms are the intermediary between the customer and the market , as well as the intermediary between the customer and the bank -financed funds transactions in cases of trading Balmarzin , as well as the intermediary between the clients to each other , and you must choose a brokerage firm may be subject to legal control of her Government to ensure the safety of your money.

And the role of these companies also because they are not buying or selling only through them because they are driven prices offered on the stock exchange from banks to banks or to investors and brokerage firm is the broker and he does not bear any losses as a result of market fluctuations , but works for hire on the grounds it is one of the brokerage only .

(3 ) Commercial Banks

Acts as a market maker because they are working to find a market , especially in the currencies they are ready to buy and sell at any time.

(4) major global companies

Most global companies have trading rooms of their own in order to achieve good investment performance .

(5) mutual funds and investment portfolios

Moving some small investors or those who do not have sufficient experience , to deal with mutual funds and authorize the Director to manage the accounts of the fund compared with a profit margin investment investigator and these funds have the ability to cope with market volatility .

(6) Insurance Companies

Some insurance companies tend to invest the surplus in the insurance capital markets .

(7) governmental institutions

Is not considered a party to some extent active in the capital market , but sometimes involved , particularly in developing countries, which have some import and export operations monopolized by the public sector .

(8 ) Individual Investors

Although they do not play an important role in the capital market to the small size of their transactions , but he began to notice an increase in the number of individual investors after the appearance of the facilities granted to them by some financial institutions, or what is known as the provision of margin trading .


All of these players have formed a global market open on some of the 24-hour day is not restricted to a particular state , according to the statistics in 1995 came volume in the range of 2 trillion dollars a day are traded and this number is too large, for this , the currency market is hard to control where one of the persons or entity or entities of the institutions that govern the terms of the bullish or bearish because of the magnitude of the value traded in this market .

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THV the most famous trading system

The main THV V4 rules:

Entry: Above Coral only long, below Coral only short
Price crosses cloud – both Trix cross each other and have the same color.
Best and most secure trend confirmation is a cross of the fast Trix on the zero level.

Exit: Faster Trix changes color and/or touch of a known good resistance/support level.

Other reasons to take profit can be: Touch of a trend line, resistance or support line, horizontal psych level (00 – 20 – 50 – -80) or a black cat that cross your screen

Stop Loss: please set your stop loss according to your money management plan, as higher your TF that you trade as lower you set the pip value and as higher the Stop Loss, also it depends on the currency pair that you are trading.

download : THV V4 system.rar

THV V4 trading system

Copyrights : cobraforex

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Large Stop Lose Forex strategy

Large Stop Lose Forex strategy

1- Main Description : Beginners must attain sufficient trading expertise and skill in order to be capable of selecting excellent stop-losses and profit targets for all the trades that they execute. These are crucial actions to perfect primarily because Forex has such an erratic and unpredictable character that it can quickly stop-out positions safeguarded by only small stop-losses, e.g.50 pips or less. The subsequent chart demonstrates such a trading situation.

Large Stop Lose Forex Strategy

On the above chart, price advanced within a constricted trading range, as displayed towards its left-hand side, before it eventually plunged to the downside. A new short position was subsequently activated safeguarded by a stop-loss located about 50 pips above the previous resistance level. Unluckily, a sizable bullish price spike caused this trade to exit at a loss.

Investors are also well-advised to formulate trading strategies that have beneficial win-to-loss and reward-to-risk ratios. However, the skills required to achieve these objectives require significant time to learn. As such, do newbies have any possible shortcuts accessible to them? Yes, they do because a trading strategy has been specifically created to overcome these complications.

2-  A Large Stop-loss Strategy in Action : Despite the fact that this strategy appears weird at first sight as its key principles seem to contradict most of the advised guidelines for trading Forex successfully, many professionals have still accomplished impressive results using it. The fundamental principle is that you trade utilizing a very large stop, in the order of 500 pips, while plundering profits of about 50 pips per position.You could even assess this strategy to be a macro variation of scalping ones. This is because the key idea behind scalping strategies is to enter and exit positions very rapidly with the intent of reducing your risk exposure while plundering tiny profits of 5 to 10 pips each time. In relation to large stop-loss strategies, you must appreciate that a large stop-loss of 500 pips will be extremely hard for price to knock-out. This principle consequently offers a foundation for newbies to trade proficiently since they will no longer have to develop the expertise to constantly safeguard their active positions by utilizing small stop-losses.However, the reward-to-risk ratio of 1 to 10 for this kind of trading strategy is appallingly bad. Nevertheless, the key point is that the energy needed by price to stop-out a 500 pip stop is substantially greater than that of a 50 pip one. So, the theory is to attain an excellent win-to-loss ratio that will subsequently counteract the poor reward-to-risk one. For instance, if you are able to capture 11 wins of 50 pips versus 1 loss of 500 pips, then you would register a gain of 50 pips.

3. Countering-Inherent Problems : Although these concepts seem to be impressive, this strategy must be implemented carefully and accurately. This is because your trades could become stranded in ‘no-mans-land’. Price could then remain trapped within such zones for extended periods of time e.g. months. If such events did occur, you would then be deprived of the ability to record profits for considerable amounts of time.

To resolve this issue, you should utilize an excellent money management policy. In this instance, you should only wager between 0.1% and 0.2% of your overall trading capital per trade. By doing so, you will generate maximum security for your collateral. Additionally, you will gain the benefit of letting a limited number of trades become marooned while waiting for them to recapture a profitable status. Also by endangering just a small amount of your account balance per position, you will be able to open numerous trades concurrently. The subsequent chart demonstrates these concepts.

Large Stop Lose Forex Strategy

The bottom–left of above diagram illustrates that a short trade was execute following a breakout. A large stop-loss was activated by locating it above the blue line. Sadly, price subsequently underwent a major reversal soon after this position was activated suspending it in a state of limbo before it eventually recaptured a profitable status some months later. However, you can confirm that the usage of a large stop-loss prevented this trade from being exited at a loss.

The great advantage of this trading strategy is that it allows novices room to make mistakes which they would not enjoy if they constantly used smaller stop-losses. Some beginners ask why they cannot risk a bigger percentage of their budget e.g. 10%. They think that they should be able to do this because they are using such a large stop-loss.

However, this is definitely not a good idea if you realize that 10 successive losses risking 10% per trade would consume more than 66% of your original budget. In contrast, if you risked only 2% per position than 10 consecutive losses would lose only about 17% of your equity. The second case provides much better protection for your account balance.

4- Additional Guidelines :  A large stop-loss strategy allows newbies to experiment in small increments of risk rather than jumping into trading situations without fully understanding them. The following concepts should also be utilized to support this strategy whenever possible.

1. Always try and trade with the trend, if possible.

2. Utilize techniques to help distinguish fake-outs from the true breakouts.

3. Move your stop- losses to break-even after a reasonable profit has been recorded, e.g. 25 pips.

4. Aim for small profits of about 50 pips.

5. Avoid trading a large stop-loss strategy when major economic news is due for posting. This is because the resultant increases in volatility can cause erratic price movements.
You should not attempt to attain very large monthly profits using a large stop-loss strategy. Instead, you should seek smaller returns while learning about Forex in the process.

Note: This Forex strategy copied from http://www.investoo.com/

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Advantages of the Forex Market

What are the advantages of the Forex Market over other types of investments?

When thinking about various investments, there is one investment vehicle that comes to mind. The Forex or Foreign Currency Market has many advantages over other types of investments. The Forex market is open 24 hrs a day, unlike the regular stock markets. Most investments require a substantial amount of capital before you can take advantage of an investment opportunity. To trade Forex, you only need a small amount of capital. Anyone can enter the market with as little as $300 USD to trade a "mini account", which allows you to trade lots of 10,000 units. One lot of 10,000 units of currency is equal to 1 contract. Each "pip" or move up or down in the currency pair is worth a $1 gain or loss, depending on which side of the market you are on. A standard account gives you control over 100,000 units of currency and a pip is worth $10.

The Forex market is also very liquid. When trading Forex you have full control of your capital.

Many other types of investments require holding your money up for long periods of time. This is a disadvantage because if you need to use the capital it can be difficult to access to it without taking a huge loss. Also, with a small amount of money, you can control

Forex traders can be profitable in bullish or bearish market conditions. Stock market traders need stock prices to rise in order to take a profit. Forex traders can make a profit during up trends and downtrends. Forex Trading can be risky, but with having the ability to have a good system to follow, good money management skills, and possessing self discipline, Forex trading can be a relatively low risk investment.

The Forex market can be traded anytime, anywhere. As long as you have access to a computer, you have the ability to trade the Forex market. An important thing to remember is before jumping into trading currencies, is it wise to practice with "paper money", or "fake money." Most brokers have demo accounts where you can download their trading station and practice real time with fake money. While this is no guarantee of your performance with real money, practicing can give you a huge advantage to become better prepared when you trade with your real, hard earned money. There are also many Forex courses on the internet, just be careful when choosing which ones to purchase.

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Daily Pivot Points mt4 indicator

What is it ?  It draws horizontal lines on the chart depends on the paivot points of selected time. 

How it works ? Firstly the indicator calculate the paivot point using ( Pivot = ( High + Low + Close ) / 3 ) and draw it then it calculate support and resistance levels.

Parameters : ShiftHrs (intger)

The supported pairs : The indicator works on all currency pairs also on commodities.

The supported frames : 1 M - 1 H chart

Download Link : here !

Daily Pivot Points indicator

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Use Trading System That Suitable For You

trading system

For beginners, it is important for you to find a trading system that suit to yourself. The reason is that you will feel comfortable with it so that you are able to strive for success. Wrong selection of trading system may end up with continuous losses. 

winning is base on probability because the market move same direction over and over again, up trend, down trend and ranging, so there's no other way to make profit but to stick in your strategies and plan.

The most correct thing is : 

making your own right system. But, it is very difficult to do. it is easier for us to find the system which are in the internet. and also somebody has proved. 
But, if you can not find a good system, just find a good trader and follow him in PAMM and FC. just looking for the account which has 2 years ages and small drawdown. it is very safe for beginners

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fx course 1 : Beginning of the course Forex Education

Welcome to the Lets learn Forex school, our educational session provide you with a comprehensive education course simplified and easy to learn Forex without difficulties and practical and orderly manner where educational lessons are designed to become skillful trader in the forex trading market.

Please take your time in education and Mark taught us an orderly manner is not transmitted from the lesson tutorial to tutorial that night only after a complete understanding, chose the name tutorial on the right side of this page and then click on it with your mouse and will open in a new page explanation of the tutorial in full, Upon completion of the lesson that you are reading press on the next lesson, to move between the tutorial lessons.

Welcome to Lets learn Forex School (Second Edition)
Forex means ...
To learn in the process of learning cycle.Then have a computer dedicated to Forex and provider of tools and programs of action.
Then the rehabilitation phase and prepare the psychological profile.
Then open a demo account and train him two months at the most.
Then open a real account with a brokerage firm.
Then fund your account with money.
And owns a money management strategy and adhere to verify the success of your investment.
And that the trading strategy has both analyze the news or analysis charts.
Again in detail, Forex means ...

• to learn in the process of learning cycle, and the most important thing in this session that ...
- Learn what is the spot Forex market and deal with Islamic law.
- Learn how to read the exchange rate.
- Learn how to read the news and expects economic consequences on the movement of the market.
- Learn the technical analysis of charts and graphs of currencies and expects the direction of the currency.
- Learn to determine the best times for trading and open and close your trades contracts.
- Learn to manage your money and the size of contracts that fit your capital and control risk.

• The device has a dedicated computer for Forex, tools and complete work programs ..
- Must possess Laptop, or PC high specifications, and preferably multi-screen technology vision, with very high internet connection lowest percentage of crashes.
- You must have a set of technical drawings program for professional to study currency.

• Then open a demo account and train him two months at the most ...
- Trained for three types of charts (line chart, bars, candles)
- Trained technical trading strategy and evaluate the results last month.
- If the results are positive moves on to the next stage which is psychological rehabilitation.• Psychological rehabilitation phase:
It is before opening a real account and in. ..
- Must determine the character and design of commercial business plan works best for you.
- Determining the appropriate time that suits the type of trading.
- Owning a successful business plan, and the plan, such as a daily routine.

* We recommend that you write your plan and read it daily to remind you of the prizes and the dangers, and I know that the difference between the merchant and the merchant winner is the loser own work plan and stick to it.

• Then open a real  account with a brokerage firm ...

- And learn the steps to open your new account with a broker and the required legal procedures.

- And choose a brokerage firm registered in international bodies, with an Islamic Services.

- And determine the size of your new (micro, mini, or Standard)

• Then you need to fund your account with money ...

And you must know that Forex depends mainly on trading to cover cash on the sidelines of the transaction or the so-called margin (Margin) these contracts like any other way investment derivative carrying a very high degree of risk in addition to the gains, in addition to the trade through these means has been an investor actual losses success as being able to invest so you must define your goals and your policies and learn well before you start to open your account and prefers to consult an accountant about the goals and financial decisions.

• Management Strategy has committed funds to be able to achieve the success of your investment

 Do not neglect the management of the money to reduce your losses and if you want to give yourself a chance to succeed first learn to trade without any leverage, and please do not crash yourself by yourself.

• have a trading strategy ..

Must have a trading strategy has been tested and tried and actually be successful and its goal is to achieve "Winning a number of points" and not just a collection of dollars, the strategy may be ..

- A trading strategy to study technical analysis indicators currency scheme.

- A trading strategy study of the impact of the news on currency

- A trading strategy to study the digital movement of prices.

- A comprehensive integrated strategy.

lets learn forex school

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Trendline signal MT4 indicator version 2

What is it ? is the updated version of Trendline signal indicator placed on codebase here : http://codebase.mql4.com/7497

How it works ? This version draws lines with respect to signals on chart so as to see the potential pips can be covered on chart, rest all things are same as previous version

Parameters : NULL

The supported pairs : The indicator works on all currency pairs also on commodities.

The supported frames : 1H - 4H chart

Trendline signal MT4 indicator v2

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SHI Channel true MT4 indicator

What is it ? SHI_Channel_true is an important Metatrader indicator it shows automated price channel

How it works ? SHI_Channel_true indicator finds the nearest (in terms of time) fractal in history, searches for the next one, and connects them with a line. Then it draws a parallel line on the maximal fractal on the opposite side. Then it draws a midline between these two lines

Parameters : BarsForFract(0) - Length of the fractal "arm"

The supported pairs : The indicator works on all currency pairs

The supported frames : The indicator works on all timeframes starting with М1

SHI_Channel_true MT4 indicator

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A 100% simple and profitable way to enter trade

enter trade

Very simple on 1h chart enter trades. Us we all know that after price broke to new levels its very good profit can be made, because when price brakes and retraces first time there is 100% profits of 25 30 pips, because price before change direction it will go to test or it will go to clean stops of trader and then go down if it changes direction. Thoes places where traders should look to reenter invest 5% and make money in few minutes. 



ask i have alot to say.

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3 Ways to Trade using Forex News

 Forex News

Unemployment report, which is released on the first Friday of each month

* very quick moves following announcements
* the largest moves are usually made when the numbers miss or beat expectations
* placing trade before by anticipating the market’s movement
* only trade the direction that the market has been trending on the daily charts previous to the announcement
* only enter the order if just prior to the announcement the market has been in a fairly tight range – too risky when seeing large moves the night or several hours before an announcement
* upside potential based on the average movement I have seen on this pair during previous months
* Entering the trade 30 minutes before the announcement gives me plenty of room before the pair breaks out of its range
* pretty aggressive stop-loss-to-profit-target ratio e.g. 1:4


International trade is another announcement released an hour before the equity markets open at 8:30 am eastern
If the U.S. is doing the importing – stronger Japanese yen and a weaker U.S. dollar

barrier option also known as a binary option

* don’t have to use a stop loss
* don’t have to worry about timing my exit
* possible to straddle (or strangle) – anticipating big move in any direction
* e.g. speculating on an ongoing bit of news – rising oil prices and its effects on Forex crosses involving oil-producing and oil-consuming countries, e.g. AUDJPY .

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Earn 50 pips daily

 I am telling you to get 50 pips not dollars so always open position according to your investment. Do not be hurry and fall in fear of losing your money. this is very simple technique and i am very happy with it. This technique will more useful when there is great volatility in the market and try to use it in Newyork and London session. you can use euro/usd, gbp/jpy, euro/jpy, aud/usd pairs.

here is the strategy

1. I like to trade with 15 minutes chart and you may choose it to 5 minutes chart.

2. you should have RSI 14 and momentum indicator. they are available in mt4 chart

3. look at 15 minutes chart, and analyze the trend from H4 chart. when you see trend is downward on H4 and reading on RSI 14 is below 40 and on momentum it is below 100 then open position for sell.you will see both the readings on H4

4. Now again see the trend on H4 and if you see that it upword and the readings on momentum is above 100 and on Rsi is above 40 then open position for buy. 

5. when you see reading on RS1 is 18-23 on 15 minutes chart then close your sell position and when you see position on RSi is 50-65 on 15 minutes chart then close your buy position

In this way you can easily earn 50-60 pips per day. your stop loss will be 50 pips.

Good luck for your success.

please share your experience here and try it to be on demo first

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10 points strategy

depends on fast frames like 15m or 30m 

 Simple strategy, but with a good profit

May be few opportunities, but it is guaranteed by 80%

Strategy before you, and you decide

A failed or successful

what do you need

15m or 30m frame

Bollinger Bands indicator with default settings

Stochastic indicator with these settings

stochastic indicator settings

buy signal

buy signal

when price out under line of bollinger bands
the price will come back in bollinger again
when the first candle close in bollingerProve the intersection of lines in the indicator stochastic
open order buy and your target be 10 pip only

Sell Signal

Note :  Strategy applies only to the currency pairs with low without spreads

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how much time to learn forex ?

dear there is a lot of time required in the forex trading to understand the forex and to learn the forex this is not a child's play in which you think that first time you invest and you will get the profit,i think at start every newbies should learn about trading and also should neeed to make their bases strong aftewr learning we should build trading experience and can b improve our trading knowledge..........

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what is the best earning with general indicators ? or with your own strategy?

 forex  strategy

? Does the indicator works for youYes there are many indicators which work and give positive result like RSI, Fabbonaci retratcement and much more. But here the important thing is how much practice have you done with the particular indicator so my dear frined yes indictors works and strategies also work in better way if you have practically prove your strategy in demo account,I always use some indicator and own trading strategy so I can easily make profit in Forex market. Before start trading I follow indicator then use my strategy so I don't face big loss. If I face loss then able to recovery my loss.

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Why you need to have a trading plan ?

Our point is that you can fill your mind with plenty of information, but without a good trading plan and the discipline to stick to it, you will NEVER be profitable. Think of your trading plan as your map to success. It will be a constant reminder of how you will make money in this market. Of course it’s not required, and if you can make your living by trading without a plan, we will bow down and hail you as the Market Zeus of the Forex. So you CAN trade without a plan if you want, but before you make that decision, let us give you a few reasons WHY you should have one. Why Have a Trading Plan? Reason 1: It keeps you in the right direction Consistency is very important to have in your trading routine because it allows you to truly measure how successful you are as a trader. If you have a sound trading system but always break your rules, how can you ever really know how good your system really is? Your trading plan will keep you on target. Read it every day and stick to it. Reason 2: Trading is a business and successful businesses ALWAYS have plans I have never seen a successful business not start out with a plan. Do you honestly think Walmart was just created on a whim and then magically became successful? Or what about McDonalds? I’m sure almost anyone can make a better hamburger than McDonalds, but the difference between them and the individual is that they have a successful business plan that guides them to success. In the same way, you can relate the McDonald’s story to your trading career. Whether it’s by luck or experience, everyone can make money in the forex. However, the difference between a losing trader and a successful trader is the PLAN. If you have a good trading plan and you are disciplined enough to stick to it, you will be successful! What Should be in Your Trading Plan? Trading plans can be as simple or complex as you want it, but the most important thing is that you actually HAVE a plan and you FOLLOW the plan. With that said, here are some of the essentials that every trading plan should have.
 1. A trading system This is the heart of your trading plan. This system should be one that you have thoroughly backtested, and have traded for at least two months on a demo account. Include all the necessary information about your system such as: time frames you use, criteria for entries and exits, how much you risk during each trade, which currency pair(s) you trade and how many lots you trade. Example: I am an intraday trader and I trade off of the 10 minute charts. I enter when there is a moving average crossover and all my indicators support the direction. I only trade the EUR/USD and I risk no more than 2% of my account on each trade. For now, I trade 5 mini lots and will increase my lot size according to my 2% money management rules.
 2. Your trading routine This is a crucial part of your plan because it will determine three very important things: when you will analyze the market and plan your trades, when you will actually watch the market to take trades, and when you will evaluate your actions during your trading day.
 3. Your mindset Ask any trader out there and they will all tell you that one of the hardest things to do when trading is to take out your emotions from it. This section of your trading plan will describe what frame of mind you will be in when you are trading. Example: * I will see what is on the charts and not what I want to see. * No matter how biased I am towards a direction, I will make sure to trade only what my eyes see and not what my feelings tell me. * I will not get “revenge” on the market if I lose on a trade. * I will not beat myself up if I make a losing trade. Instead I will take it as a learning experience and move on.
 4. Your weaknesses Yes, we all have our weaknesses. We just don’t like talking about them. But ask yourself this, “How will you ever get better, if you don’t admit to what you need to work on?” This section will be an objective way to keep track of things that you need to work on in order to become a better trader. Example: * I tend to overtrade. Whenever I lose on a position, I get upset and immediately try to get “revenge” on the market. * I tend to exit early on trades. * I don’t stick to the rules of my system every time * I don’t stick to my money management rules every time Now you know why you should have a trading plan. Let's find out what makes up a trading plan...
 5. Your goals “To make a lot of money” is not a good goal. Sit down and really think about what you want to accomplish as a trader. Do you want to trade for a living? How much return can you realistically expect from trading based on your knowledge and experience? Your goals don’t even have to be about making money. Maybe you would like to be more disciplined or gain more confidence. These goals can be personal. What do YOU want to get out of this? Use these goals as your motivation when times get tough. These goals will be your vision, and you must always keep your eyes on the prize! 6. Your trading journal This will be a valuable tool to helping you become a better trader. Make sure you log all your trades and why you took them. Later down the road you can look back and evaluate your trades and see how you are progressing. I have looked back at my trade journal and have seen just how much I have grown as a trader. My first entries were very basic and as I’ve progressed, my trades make more sense to me now. I have gained a lot of confidence throughout my career and by looking back at my trades, I’ve really been able to evaluate myself and see if I am getting closer to my goals. This tool will help you tremendously in the long run, so take a few minutes each day and log your trades. You’ll be happy you did!

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Easily way to make money from Forex trading

learn forex

Easily Make Money From Forex Trading A lot of people are curious to know how they can effectively make money from Forex trading. As you already know, the foreign exchange is one of the most profitable businesses in the world today and there is really no wonder if there are a lot of people who are interested with this. However, you also need to know that this is actually not that easy because this kind of enterprise is also very volatile and risky. It is very essential that you are knowledgeable about this enterprise if you want to make money from Forex trading. This is essential because it can be very risky if you will venture on something that you really know nothing about. And so, if you want to succeed, it is really essential that you know the basics about the markets and their effects on the various trades. There is also a need for you to have a feel as to how the market works. In order for you to make money from Forex trading, you should also have some experience to back your skills. This is necessary because it can be very hard to succeed in this kind of business based on skills alone. It will also do you good if you are going to learn how to experienced players work and succeed in their transactions. Also, it is a good idea if you are going to get yourself a tool that can help you with your each and every transaction. You should have a software piece that can help you in the assessment of various economic indicators and how they affect a certain market. These programs can be very helpful as they can really make your work so much easier. As a matte of fact, a lot of players really depend on these tools as they can actually perform all the tasks in your behalf. This is also the main reason why they are called robots. And there is really no wonder why a lot of players depend on them. It is actually very easy to have these software pieces because you can easily download it online. You also need to install it through your PC and set the configurations. If you want to learn how to make money from Forex trading, it is also very important for you to know the basics of this kind of business. It will also do you good if you learn how to strategize. It can be a very good idea if you will try to make money from Forex trading as this is one of the best ways so that you can generate some extra cash.

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